cybersecurity snapshot | august 2016

1

Cybersecurity Snapshot August 2016

Advisors & Dealmakers In Cybersecurity

Momentum Partners •  Momentum Capital Markets

6 13

17

7

16

5 5 3 6

21

14

3

12

4 11

Cybersecurity Monthly Dashboard

Top Financing Transactions YTD Top M&A Transactions YTD

Target Acquirer Amount ($M)

4,772

1,453

600

486

360

293

275

100

$9.40 Billion M&A Volume YTD

87 M&A Transactions YTD

$3.31 Billion

Date Company Amount ($M)

1/13/16 187

7/25/16 180

6/8/16 100

2/3/16 96

1/21/16 76

1/28/16 75

7/5/16 64

8/30/16 50

Financing Volume YTD 172

Financing Transactions YTD

StackPath

Financing Activity M&A Activity

Volume ($B)

# of Deals

2015 Total: 232

2016 Total: 172

Volume ($B)

# of Deals 2015 2016

Public Comps

Max 12.7x

Max 8.8x

Min 1.5x Min 1.1x

Median 4.3x

Median 7.5x

(EV / 2015E) (EV / 2016E)

M&A Activity

2015 Total: 143

2016 Total: 87

21

26

17

11

18 8

13

5

8

15

3

10

8 5 4

40

24

23

19 19

19

17

17

13

11

10 9

7 4

Specialized Threat Analysis & Protection

Threat Intel / SecOps / IR

Identity & Access Management

Cloud Security

Data Security

Mobile Security

Endpoint Security

Fraud Prevention / Transaction Security

Application Security

Risk & Compliance

Web Security

Industrial / IOT Security

Network Security

Messaging Security

MSSP

4 8

18

2

6 3 3 1 3

13

5

2

9

2

8

232

172

2015 2016 YTD

$3.9

$3.3

2015 2016 YTD

Financing Activity

5

10

15

20

25

30

Jan-15 Mar-15 May-15 Jul-15 Sep-15 Nov-15 Jan-16 Mar-16 May-16 Jul-16

Monthly Deal Count Pulse Financing

M&A

4.5x

6.9x

2015 2016 YTD

M&A EV/Rev Multiples

143

87

2015 2016 YTD

$9.4

2015 2016 YTD

$10.4

Source: Capital IQ, Crunchbase.

Date Target Acquirer Sub-Sector EV ($M) EV / Rev

08/26/16 Identity & Access

Management 11.5 10.4

08/24/16 Messaging Security 18.0 NA

08/17/16 Risk & Compliance 5.2 NA

08/17/16 MSSP 42.0 NA

08/16/16 IoT Security NA NA

08/15/16 MSSP NA NA

8/12/16 Application Security NA NA

8/03/16 Threat Intelligence NA NA

8/02/16 Identity & Access

Management NA NA

Cybersecurity M&A Strategic Deal Flow Commentary

M&A Activity

§  9 transactions were announced with total disclosed amount of $76.7 Million

§  M&A activity for August was anemic in the month, post large acquisitions in June and July (e.g., Blue Coat, AVG)

§  Potential for September activity to jump back if large acquisition rumors (e.g., Intel Security) prove true

Financing Activity

§  34 transactions with total disclosed amount raised of $296.1 million with a median amount raised of $7.0 million

§  LogRhythm’s $50M financing led all deals in the month – Threat Intel / SecOps / IR continue to be the most active sectors this year

§  Roughly 1/3 of deals were early stage (Seed to Series A)

§  Three Momentum ‘Watch List’ companies raised additional funding:

August Deal Flow M&A Activity Was Anemic In August, But Financing Activity Volume Increased.

3

Cyber Security Solutions Business

Date Company Select Investors Funding

Stage Amount

($M)

8/30/16 Riverwood, Adams Street, Delta-v, EDB Investments,

Exclusive Ventures, Siemens Venture Capital Venture 50.0

8/30/16 Millennium Technology Value Partners, Centana Growth Partners

Venture 15.0

8/30/16 Blumberg Capital, Wipro Ventures, Glilot Capital Partners; Blackstone

Series A 7.5

8/29/16 NIST-National Institute of Skilled Training Grant 3.7

8/25/16 Maverick Ventures, Arsenal Venture Partners, Bloomberg Beta, Data Collective, Divergent Ventures

Series A 16.0

8/24/16 Trinity Ventures, Bessemer Venture Partners, K9 Ventures,

SVB Series B 15.0

8/24/16 Datatribe Seed 1.2

8/23/16 Mahmood Sher-Jan Series A 6.2

8/23/16 SVB Debt Financing 3.0

8/23/16 NEA, Blu Venture Investors, Center for Innovative Technology

Series B 12.0

8/22/16 Bessemer Venture Partners, Blue Delta Capital, Haystack Partners, NEA, Quadrant Capital, Soros Fund

Series A 29.0

8/18/16 NA Venture 13.5

8/18/16 Trident Cyber, Peloton Equity, BlueCross BlueShield Venture, Sandbox Advantage Fund

Venture 27.5

8/17/16 eLab Ventures, Draper Associates Seed 1.5

8/16/16 NA NA 2.0

8/16/16 Equity Gap, TRI Capital, Par Equity Venture 1.7

8/16/16 Seedplus Seed 0.6

Note: Bold denotes lead investors. Source: Capital IQ, Crunchbase.

Cybersecurity Investing (VC & PE)

August Deal Flow Venture Capital & Private Equity Activity.

4

Date Company Select Investors Funding

Stage Amount

($M)

8/15/16 Salesforce Ventures, Talis Capital, Hank Vigil, Charlie

Songhurst Venture NA

8/12/16 NA Venture 1.3

8/11/16 Pelion Venture Partners, Square Peg Capital, Fenwick & West, IAG

Series B 17.0

8/9/16 NewGen Capital, Y Combinator Angel NA

8/8/16 In-Q-Tel Venture NA

8/8/16 Rally Capital, IDG Ventures, Ignition Partners Series B 10.0

8/4/16 NA Private Equity 4.0

8/4/16 CyberLaunch Seed NA




8/3/16 Paladin Capital, Sun Mountain Capital, EPIC Ventures Series A 7.0

8/2/16 Access Venture Partners, Kyrus, Noro-Moseley Partners, Service Provider Capital

Series A 6.1

8/2/16 Bessemer Venture Partners, Foundry Group, SVB, Techstars Series C 21.0

8/2/16 500 Startups Seed 0.1

8/1/16 Flint Capital, ff Venture Capital, Gigi Levy-Weiss, Glilot

Capital Partners, Leon Recanati. Series A 9.0

8/1/16 Tim Sullivan, Tim Webb Undisclosed NA

Notable Financing Transactions

1

$21.0M

Series C Financing

August 2, 2016

$15.0M

Series B & Debt Financing

August 23, 2016

$27.5M

Venture Round

August 18, 2016

Date Stage Amount Raised ($M) Selected Investors

Aug 2016 Series C

Jun 2015 Series B

May 2014 Series A

Jan & Mar 2013 Seed

2012-2016 Debt Financing

21.0

21.0

10.0

2.0

5.1

Description

Distil Networks provides public and private cloud security software that blocks malicious bots and automated computer programs attacking Websites. Its software enables users to protect their Websites against Web scraping, competitive data mining, form spam, and click frauds. The company serves mid-market and enterprise customers worldwide.

Founders / Management

Founded 2011 HQ Arlington, Virginia Amount Raised $59.1M

Raises $21M In Series C Financing.

Company Overview Product Overview

Bot Detec(on & Mi(ga(on

Funding Summary: $59.1M

7

Dominick Fuccillo VP of Finance &

Corp Dev

Andrew Stein Chief Scientist &

Co-Founder

Engin Akyol CTO & Co-Founder

Rami Essaid CEO & Co-Founder

Courtney Cleaves Director of Marketing

Protects Leading Websites

Acquired For $10M in Jan 2016

ScrapeSentry, an MSSP, added a 24/7 SOC and team of analysts to respond to bot threats

in real-time and provide post-incident response

Acquisition Summary

API Security

Threat Intelligence

Distil’s protection leverages machine learning algorithms,

real time device fingerprinting, and the world’s largest Known

Violators Database

Distil’s API Security tracks API clients and monitors acceptable usage, acting as an automatic shield against API hijacking,

scraping, and abuse

Distil’s Threat Intelligence service delivers insights on IP addresses

gathered from thousands of organizations including consumers

& commercial ISPs

Deployment Op(ons Cloud CDN Appliance

§ Deploy in minutes on global network § Optimized content for faster delivery & less bandwidth §  Increases web scalability

§  Easy installs on virtualized or metal appliances §  Seamless integration with CDNs, load balancers, & network

infrastructure § Automatically obtains new bad bot fingerprints


Aug 2016 Venture

Jan 2016 Series A

27.5

5.0

Description

ID Experts, provides software and services to organizations for managing cyber risks and data breaches, and to consumers to protect and restore their identities from identity theft. It offers a Data Breach Response that provides digital forensics investigation, data breach notification and crisis communications, credit monitoring, identity monitoring, and health monitoring services for the U.S. organizations, attorneys, and insurers.


Founded 2003 HQ Portland, Oregon Amount Raised $32.5M

Raises $27.5M In Venture Round.



8

Bob Gregg CEO

Rick Kam President & Co-Founder

Chris Kane COO / CIO

Paul O’Mara Sr. VP, Sales &

Professional Services

Doug Pollack Chief Strategy &

Marketing Officer

MIDAS is our innovative medical ID alert system. This technology serves two

purposes. It protects individuals from medical ID theft while also helping

health insurers address fraud & abuse.

Midas services include: §  Protects from Medical Identity Theft-

members can review claims, keeping medical records secure

§ Detects Healthcare Fraud- alert driven model engages members as first line of defense to identify fraud

§  Engages Members for ACA Compliance- involves patients more closely in their care

§  Lowers Healthcare Cost- helps you identify and respond to fraud much earlier, thus lowering costs

Trusted Partners For Data Breach & Identity Protection

ID Experts serve all sizes and industries but specializes in healthcare and government

Health Plans Increasingly at risk from cyber intrusions, health plans are becoming proactive in

protecting their members from fraud-ID Experts solutions are unmatched

Government Largest provider of identity protection services to the federal government--Tier 1 status on the GSA Blanket Purchase Agreement for Identity

Protection Services

Trusted By:

Complete Identity Protection Medical Identity Monitoring Data Breach Response

YourResponse is a proprietary, patented methodology for analyzing and

responding to a data breach incident that results in the most positive

outcomes.

Your Response services include: § Digital Forensics- analysis on data

breaches § Data Breach Notification-quick and

exact notifications of breach

Breach Products Include: § Credit Monitoring-credit reports

from all 3 credit bureaus § Identity Monitoring- covers all

aspects of a person’s identity § Health Monitoring-monitors all

aspects of patient medical records § Cyberscan- 24/7 internet

surveillance

YourResponse™

MyIDCare is the most complete solution for protecting privacy,

bringing victims peace of mind and protecting your organization’s good

name. MyIDCare is split into two categories: § Monitoring-includes credit, cyber,

identity, and healthcare monitoring §  Recovery-identities are restored to

pre-theft status

MyIDCare includes: § Single/Tri Credit Monitoring § MIDAS: Medical Identity Monitoring § Cyber & Identity Monitoring §  ID Theft Insurance § Recovery Superhero § Member Services

Description

ThreatQuotient develops cyber security software that enables organizations to manage threat intelligence and defend against cyber-attacks. It offer Threat Intelligence Platform, which ingests and centralizes over 120+ feeds ranging from commercial cloudsourcing communities to malware sandboxes. The platform uses third party tools to provide insights to enrich your data with OpenDNS, VirusTotal, Threat Recon, and more. The turnkey integration of over 25 security technologies keeps your

detection system up to date with the most high risk indicators.


Founded 2013 HQ Sterling, VA Amount Raised $27.2M

Raises $12M In Series B Financing and $3M in Debt Financing.


9

John Czupak President and CEO

Wayne Chiang Chief Architect &

Co-Founder

Ryan Trost CTO & Co-Founder

Leonard Kurtzman CFO

Marc Solomon CMO

ThreatQ: Threat Intelligence Platform


Aug 2016 Debt Financing

Aug 2016 Series B

Dec 2015 Series A

Apr 2015 Seed

3.0

12.0

10.2

2.0


Centrally manages and correlates external sources with internal security and analytics solutions for contextual

intelligence on a single screen

Automatically correlate IOCs and leverage a variety

of third party tools to provide additional insights

to enrich data

Ingest & Centralize Data Nurture Indicators Automate Deployment Enable your choice of over

120+ feeds Turnkey integrations with 25+ security technologies enables you to keep your detection systems up to date with the

most high risk indicators

Over 120+ feeds ranging from commercial cloud sourcing communities, open source intelligence blacklists, and malware sandboxes.

Notable M&A Transactions

1

August 24, 2016

acquires

Return Path’s Email Fraud Protection Overview Transaction Overview

Acquires

Messaging Security $18 Million

Proofpoint Acquisition History Since 2013 Transaction Summary & Rationale

Source: Company press releases and websites, 451 Research.

HQ: Founded: CEO:

New York, NY

1999

Matt Blumberg

Date: Total Raised:

8/24/2016

$126.1M

§  Proofpoint paid $3.8 million at the close of the transaction and will spend the remaining $14.2 million over two years to complete the deal

§  “With our proprietary email threat data and technical expertise at its disposal, Proofpoint will now be fully equipped to offer the best end-to-end spear phishing solution on the market today. We are thrilled to partner with Proofpoint going forward and believe that the combined solution will be stronger for our Email Fraud Protection customers as well as a great home for the employees in our EFP division.” - Matt Blumberg, Co-Founder & CEO, Return Path

12

Proofpoint Acquires ReturnPath, Email Fraud Protection Division

Acquisition Extends Proofpoint’s Suite Of Business Email Compromise (BEC) Solutions.

Through a combination of authentication, reputation, and heuristics checks, Return Path offers complete spear phishing protection for inbound email threats (domain spoofing and

brand spoofing).

Key Features Consumer Email Fraud Protection Enterprise Email Fraud Protection

Return Path helps you block bad emails spoofing your domains before they hit customer inboxes and empowers you

to identify and respond to attacks spoofing your brand in other ways.

Provide global 24/7 support, strategic project management, and unparalleled technical expertise

Domain-based Message Authentication, Reporting & Conformance—DMARC—protocol aims to put an end to

domain-based email threats.

Managed Service DMARC

Block Inbound threats before they

hit your employees

Detect Inbound threats that make it into the employee inbox

Remediate Detected malicious email

Date Announced Target

Deal Value ($M)

Date Announced Target

Deal Value ($M)

11/3/2015 9.0 10/1/2013 23.0

3/2/2015 32.3 8/9/2013 25.0

10/23/2014 34.8 7/25/2013 2.5

5/20/2014 22.8 4/9/2013 4.5

97

98

99

100

101

102

103

104

105

106

107

7/29 8/01 8/04 8/07 8/10 8/13 8/16 8/19 8/22 8/25 8/28 8/31

60

70

80

90

100

110

120

Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16

Stock Price Performance Cybersecurity Remained Steady Through August.

Note: Market data as of August 31, 2016. Source: Capital IQ.

Company Price Change (%) Company Price Change (%)

$24.86 1% $3.01 12%

$23.20 5% $133.17 2%

$76.74 0% $76.95 1%

$52.80 6% $34.40 10%

$14.36 18% $17.97 29%

$36.14 4% $14.20 4%

$3.70 31% $3.30 0%

$45.01 4% $58.24 7%

$19.21 0% $24.13 18%

$21.46 15% $35.47 13%

$16.44 49% $18.23 9%

August Stock Price Performance

LTM Indexed Stock Performance

August Indexed Stock Performance

High Growth Security

Low Growth Security

S&P 500

NASDAQ

HACK

Index

3.1%

1.1%

4.6%

-0.1%

1.0%

-1.4%

-3.7%

10.1%

-8.9%

9.1%

13

Earnings Scorecard Earnings Release Calendar And Results.

83.9 | 86.7

Cons. | Act.

0.11 | 0.20 EPS:

421.6 | 423.0

Cons. | Act.

1.07 | 1.09 EPS:

304.5 | 311.4

Cons. | Act.

0.14 | 0.14 EPS:

84.2 | 89.9

Cons. | Act.

(0.07) | 0.06 EPS:

Rev:

2Q16 1Q17

Rev:

2Q16

Rev:

2Q16 2Q16 2Q16

Rev:

2Q16

2Q16 2Q16 2Q16 1Q17 4Q16 2Q16

2Q16 2Q16 1Q17 2Q17 1Q17 2Q16 2Q16

37.8 | 38.9

Cons. | Act.

(0.16) | (0.14) EPS:

Rev:

51.2 | 54.3

Cons. | Act.

EPS:

Rev:

0.16 | 0.15

123.1 | 127.4

Cons. | Act.

Rev:

Prelim Rev Est: $104M-$106M

Acquired for $1.45B by

Acquired for $486M by

14

48.2 | 50.4

Cons. | Act.

0.19 | 0.29 EPS:

Rev: 181.6 | 175.0

Cons. | Act.

(0.39) | (0.33) EPS:

Rev:

57.8 | 57.8

Cons. | Act.

(0.21) | (0.23) EPS:

Rev: 388.9 | 400.8

Cons. | Act.

0.49 | 0.50 EPS:

Rev:

47.9 | 48.5

Cons. | Act.

0.17 | 0.20 EPS:

Rev: 36.3 | 37.3

Cons. | Act.

EPS:

Rev:

(0.24) | (0.22)

200.5 | 212.8

Cons. | Act.

EPS:

Rev:

0.03 | 0.05

877.4 | 884.0

Cons. | Act.

EPS:

Rev:

0.25 | 0.29

313.9 | 298.7

Cons. | Act.

EPS:

Rev:

0.27 | 0.21

42.7 | 43.9

Cons. | Act.

0.07 | 0.03 EPS:

Rev:

39.9 | 41.5

Cons. | Act.

(0.04) | 0.04 EPS:

Rev:

EPS:

Rev:

4Q16

Cons. | Act.

84.5 | 86.3

0.06 | 0.08

Public Company Trading Analysis High Growth & Low Growth Cybersecurity.

Note: NM – Not Meaningful, NA – Not Available; market data as of August 31, 2016; * price performance from IPO price. Source: Capital IQ.

Company Name Stock Price LTM Price

Performance Market Cap

($M) Enterprise Value ($M)

2015-16E Revenue Growth

2016E-17E Revenue Growth

EV / Revenue EV / EBITDA P / E

CY2016 CY2017 CY2016 CY2017 CY2016 CY2017

High Growth Cybersecurity (>20% CAGR) Palo Alto Networks 133.17 (17.7%) 11,932 11,155 37.9% 32.0% 7.0x 5.3x 33.2x 21.9x 64.1x 40.4x Splunk 58.24 (2.3%) 7,739 6,718 36.8% 28.2% 7.3x 5.7x NM 55.5x NM NM Fortinet 36.14 (11.6%) 6,241 5,256 26.7% 19.2% 4.1x 3.4x 22.7x 18.1x 51.7x 41.1x Proofpoint 76.95 38.6% 3,235 3,179 36.8% 29.0% 8.8x 6.8x NM 69.1x NM NM CyberArk 52.80 5.1% 1,772 1,536 32.1% 22.4% 7.2x 5.9x 28.2x 23.3x 49.6x 41.1x Qualys 34.40 23.4% 1,217 1,002 20.6% 18.7% 5.1x 4.3x 15.6x 12.9x 43.7x 37.2x Secureworks* 14.20 1.4% 1,146 1,022 25.2% 19.6% 2.4x 2.0x NM NM NM NM Mimecast* 16.44 64.4% 896 792 21.6% 21.7% 4.8x 3.9x NM 55.6x NM NM Rapid7 17.97 (11.3%) 756 671 40.1% 26.6% 4.3x 3.4x NM NM NM NM

Mean 30.9% 24.2% 5.7x 4.5x 25.0x 36.6x 52.3x 40.0x

Median 32.1% 22.4% 5.1x 4.3x 25.4x 23.3x 50.6x 40.8x Low Growth Cybersecurity (<20% CAGR) Symantec 24.13 21.1% 14,854 11,940 6.0% 16.8% 3.1x 2.7x 9.7x 7.2x 23.7x 15.3x Check Point Software 76.74 (0.6%) 13,159 11,832 5.8% 6.0% 6.9x 6.5x 12.5x 11.7x 17.2x 15.9x Trend Micro 38.56 10.7% 4,870 3,668 22.1% 6.9% 2.9x 2.7x 9.7x 9.1x 30.1x 26.4x FireEye 14.36 (60.9%) 2,437 2,244 15.9% 16.1% 3.1x 2.7x NM NM NM NM Sophos 3.30 (19.8%) 1,494 1,729 7.4% 14.8% 3.4x 3.0x 24.8x 20.7x 10.5x 36.7x Imperva 45.01 (21.8%) 1,468 1,213 6.6% 20.4% 4.9x 4.0x NM NM NM NM AVG Technologies 24.86 9.8% 1,261 1,383 1.4% 6.9% 3.2x 3.0x 9.3x 7.8x 12.8x 11.6x Infoblox 21.46 13.1% 1,221 963 (2.6%) 13.9% 2.8x 2.4x 23.7x 13.9x 58.7x 31.0x Barracuda Networks 23.20 (10.1%) 1,209 1,047 10.5% 6.2% 3.1x 2.9x 16.8x 15.1x 39.0x 38.4x VDSI 18.23 16.2% 725 589 (13.0%) 15.3% 2.8x 2.4x 17.7x 12.6x 30.1x 21.2x F-Secure 3.70 41.7% 578 488 9.8% 6.7% 2.8x 2.6x 18.0x 14.8x 33.9x 30.1x Imprivata 19.21 (3.5%) 491 445 16.9% 16.6% 3.2x 2.7x NM NM NM NM MobileIron 3.01 (20.8%) 258 173 8.0% 12.9% 1.1x 0.9x NM NM NM NM

Mean 7.3% 12.3% 3.3x 3.0x 15.8x 12.5x 28.4x 25.2x Median 7.4% 13.9% 3.1x 2.7x 16.8x 12.6x 30.1x 26.4x

15

Overview of Momentum Partners

Momentum Partners Advisors & Dealmakers In Cybersecurity.

Why Momentum Partners? Momentum Partners is a boutique Cybersecurity focused advisory firm based in Silicon Valley with operations globally. We employ a high-touch advisory model specifically designed to serve Founders/CEOs and their Boards – Series A to exit – where we are relentless in our pursuit for better outcomes for clients. As advisors and dealmakers in cybersecurity for two decades, we have closed over 200 deals totaling $200 Billion in value.

Cybersecurity � Enterprise IT � Cloud & SaaS � Defense & Government��

Mergers & Acquisitions* � Capital Raising*��

Corporate Development � Ecosystem Development

Momentum’s Senior Cybersecurity Team Michael Tedesco Executive Chairman Founder Strategic and Capital Markets Advisor to CEOs, Founders & Boards

Eric McAlpine Managing Partner Founder Senior Advisor Cybersecurity Lead

Dino Boukouris Director Strategic Advisor Start-up Advisor VC & Private Equity

Keith Skirbe Director Strategic Advisor Mergers & Acquisitions Deep Cybersecurity Expertise

CLIENT COUNTERPARTY CLIENT COUNTERPARTY CLIENT COUNTERPARTY CLIENT COUNTERPARTY CLIENT COUNTERPARTY

200+ Deals $200+ Billion

Petros Kitsos Senior Advisor Strategic Advisor Direct Investor and Board Member Deep Defense & Aerospace Expertise

Timothy Lipton Partner Founder Start-Up Advisor iCFO

(Rocketdyne)

17

CYBERscape: The Cybersecurity Landscape The Security Sector Is Dynamic And Vast. We Are Ceaseless & Vigilant In Our Coverage.

18 Source: Momentum Partners.

Infrastructure Security

Network Firewall Network Monitoring/Forensics

Intrusion Prevention Systems Unified Threat Management

Managed Security Service Provider Messaging Security

Application Security

WAF & Application Security

Vulnerability Assessment

Endpoint Security

Endpoint Prevention

Endpoint Detection & Response

Specialized Threat Analysis & Protection

Cloud Security

Risk & Compliance

Fraud Prevention / Transaction Security

Identity & Access Management

Web Security

Threat Intelligence

Industrial / IoT Security

Mobile Security

Security Incident Response

SIEM

Security Operations & Incident Response Data Security

15

Advise. Network. Invest. Momentum Partners, LLC��

Momentum Capital Markets, LLC

340 Brannan Street | Suite 501 San Francisco, California 94107

Michael Tedesco Executive Chairman

[email protected]

Eric McAlpine Managing Partner

[email protected]

Keith Skirbe Director

[email protected]

Dino Boukouris Director

[email protected]

*Securities offered through Momentum Capital Markets, LLC, a division of Financial Telesis Inc. Member FINRA/SIPC.

Petros Kitsos Senior Advisor

[email protected]

Timothy Lipton Partner

[email protected]